Bitcoin has been very volatile lately making it profitable to buy the dips, I.e. on X-Coins.io or Coinbase.com, and send them to yobit.net where it is possible to exchange them instantly at a higher exchange rate!
The Screenshot above shows the type of pattern I look for during big dips. This “buy signal” is the bullish Engulfing Doji candle because you can see the big green candle engulfs the red one. To me this is a signal to buy because sellers and shorters are about to get trapped at lower prices and will be forced to cover, until the next dip. It is a vicious volatile cycle, but after being in bitcoin for years you learn to get used to it, and eventually profit off it.
This week Bitcoin Bounced off the high probability buy spot around 9-10K, which I had predicted in previous blog posts. Luckily we bounced off the second test of the 50% area, the second test is the most dangerous and volatile time in the markets. Knowing all this it pays to keep a calm head and not sell your Bitcoin to the fake news Wall Street Guys, because I think they are all in for a rude awakening as BTC spikes to the moon when all the big guys that are Shorting start to become insolvent and start buying back their shorts! What I really want to do is find out which companies and or funds are Shorting BTC , and if possible short them to make some quick stock market money when BTC spikes to 50K next!
I'd realy love this to happen! I am so excited to see what 2018 has in petto for us :)
@coininstant,
That would be a great chart analysis! I heard this time BTC is finding a new peak around 50K :O
Cheers~
See the daily chart of BTC, it has turned bullish and clean bull candle is being formed now and if this candle closes as a bull candle then it is going to trade big and next target for BTC should be 26646.
Thank you and Have a great day.
up voted + resteemed nice post
nice post up voted + resteemed
So informative post for bitcoin..
An excellent analysis of the market and you are right, now it's a very profitable situation to buy Bitcoin, since after a big correction there always comes a rapid growth! Thank you @coininstant
I think it is too!
It so helpful good post @coininstant
yes i agree with you..especially thanks for sharing and discuss about bitcoin..
this time bitcoin is slow progress but next time develop fluently..
carry on dear,please carry on your activity in steemit..best of luck..
resteemit..
This post very nice..i like bitcoin,,i appreciate your blog..thanks for sharing this post,,,best of luck.
100% upvoted. i like your post sir.i follow you. your post all time informative & helpfull.thanks for post.
coininstant...sounds good. The more experience you have with it the easier it is to predict patterns and tendencies. Nice work.
nice
vote
👍👌
Bitcoin found support near 9500 area and then started its recovery and now trading at 12500 area, so slowly the bull move is gathering pace and thex stop should be 20K which we may see by mid Feb 2018.
Thanks
Those are lucky who bought bitcoin at 9500 level, who knows we may not even see that cheap bitcoins all throughout 2018.
So lets run BTC in a bullish trend.
Steem on and stay blissful....
This post is very valuable for all of us.This analysis is informative for steemians.Thanks for such a content
To me, this platform (Steemit) is the best analyst coininstant :)
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator.
thanks for sharing this
Thanks for the analysis. You are doing well, keep going!
Thanks for your valuable and informative post.
We can gather a lot of information by your post.
By dint of we can increase our skill that is beneficial for all steemians.
I will always visit your site & wait for your upcoming post.
Thanks .
@Resteem done.
Nice post keep it up sir
thanks for response..i will wait your next post..well done..
its very informative and important.
plese go ahead...
thanks a lot for sharing.
Very nice information
its very informative and important.
plese go ahead...
thanks
where this will head towards lets see :)
Thank you for the post! good luck. upvoted and resteemed.
Thanks for the information of Bullish Engulfing BTC Doji . very useful.
@coininstant
100% like and resteem
volatile nature of it makes me more happy looks like this pattern was correct bro thanks for sharing
bouncing off from the pattern seems interesting to follow thanks for sharing this @coininstant
Bitcoin started gain again today. But un-predictable.
This is great article and very importunate info.thanks for sharing
Thanks /@coininstant
Have a great day.
This is a post that must be read BTC fans, because if not they are just as selling their cows for fear of running out of grass 😂
Bullish Engulfing BTC Doji Pattern spotted!
You explained it very well. Brilliant article~
Wow great information...thanks for sharing your post... i am so glad to see read your post.. @coininstant
To me, now is the time to get the full Bitcoin, and investors think that way.
Because bitcoin started to recover after a high downfall thanks to these investors.
lost $ 250 billion after sinking to the bottom one week ago, and I think this loss will be completed in a short time.
A great examination of the market and you are correct, now it's an exceptionally beneficial circumstance to purchase Bitcoin, since after a major redress there dependably comes a quick development! Much obliged to you @coininstant
you create a great information.....Lot of thanks for Sharing this informative and valuable post....best of luck brother....
bitcoin is slow progress but next time develop fluently..
carry on dear,please carry on your activity in steemit..best of luck..
thanks for the information, this is very useful for people who want to buy bitcoin.
may thanks..i wait for next post,,
How about your prediction steem
This post very nice..i like bitcoin,,i appreciate your blog..thanks
thanks for response..i will wait your next post..well done..
Hello @coininstant,
Extraordinary good blogging & valuable input to the community & all crypto lovers.
~@mywhale
Best of luck,keep it up sir...thanks for sharing your informative post... @coininstant
Excellent post sir.
i feel so proud of you.
thanks for share.
@coininstant
Your analysis are excellent. Valuable post to all Steemians. Good reference to get an idea about market movements.
~Followed & Upvoted
Very useful information and thanks for sharing.
Upvote Resteem